and comprise a large number of affiliates, due to legal or commercial purposes, in order to add flexibility without causing an unreasonable burden on these companies. The main points of the new rules
. For example, data storage system, management system and custody of client assets. This is to promote flexibility in business operation while ensuring that supervisory guidelines are appropriate and
At present, securities and derivatives business operators (Thai business operators)* are allowed to provide services for Thai investors’ investment in foreign capital market products through business operators in foreign jurisdictions/countries with their personnel giving investment advice. Under the governing rules and procedures, foreign business operators, having the prescribed characteristics and giving advice or information on foreign currency denominated capital market products through Tha...
-determined investment scope, and receiving more protection from better quality standard services.The proposed rules are expected to take effect in early 2017. The consultation paper is available at
for three more years (2024-2026), and to expand the fee deduction scope to include consulting expenses for the preparation of carbon footprint disclosure. In this regard, the deductible amount would
The provisions proposed to be added are as follows: (1) Provision that will require the association to operate its affairs in accordance with the rules prescribed by SEC Board. If, however, there is any matter that SEC Board has not specifically specified, then the provisions under the Trade Association Act will be applied mutatis mutandis; (2) Provision that will allow the association to invest in certain types of securities, provided that, such investment is made...
SEC is proposing to amend the SEA in the part related to the preparation and submission of interim financial statements of listed companies. The amendment would allow SEC to have more flexibility in
, authorization granted to the Office of the Insurance Commission to establish criteria and performance of duty of agents and brokers for broader scope and greater flexibility, as well as greater power of registrar
Bangkok, 8 March 2019 ? The SEC is seeking public comments on the proposed amendments to the rules related to private fund (PF) management to promote flexibility in consistent with the increasingly